Gold producers - make a dd...CALVF low cost Gold miner penny bargain play - Caledonia Mining Corporation is a well diversified company - The Blanket Gold Mine located in Zim have many advantages
CALVF GOLD's low cost of Gold $585.0 per ounce for the production leader -
CALVF's BLANKET GOLD MINE Production Au 40,000 oz/year - http://www.caledoniamining.com/pdfs/CALPres05262011.pdf http://www.caledoniamining.com/pdfs/CALPres05192011.pdf http://www.caledoniamining.com/blanket2test2.php http://www.caledoniamining.com/blanket3test2.php CALVF's A target production rate of 100,000 oz per annum - http://www.caledoniamining.com/blanket4test2.php
CALEDONIA MINING CORP. A Profitable Gold Miner!
(CAL:TSE) (CALVF:US) (AIM,LONDON:CMCL) http://www.caledoniamining.com/blanket.php CAL Production Cost Au US$585.0 per ounce -
CAL has 800+ mine workers and located 268 old Gold Mines
workings on the 100% owned large Blanket Gold Mines Property -
Gold Mines Producers to Fly HIGH -
CALVF from pennies to above $6.-/sh -
twice before - top trend line > $6.-/sh est.
CALVF 3rd time run UP GO>GO CALVF drilling on NAMA, drilling results out soon -
world class cobalt-copper-belt type mineralization - http://www.caledoniamining.com/nam1.php
CALVF has some advantages with comparison to USA and Canada -
e.g., low taxes;
Corporate Income tax at 25% -
lower labour cost but a happy work force -
Indigenisation program Mugabe talked about for 20 years -
but the leading Peoples opposition don't want -
year 2015 is a deadline -
self declared king pin Mugabe 88yrs old is sadly in serious
cancer sickness -
Blanket Gold Mines Project -
the capacity of the secondary and tertiary crushers was increased
to over 2,000 tpd and the capacity of the rod mills was
increased to 1,800 tpd.
The product from the regrind mill is pumped into a carbon
in leach ("CIL") plant consisting of eight, 600 cubic meter
leach tanks equipped with 45 kW agitators where leaching
at 50% solids and simultaneous adsorption of dissolved gold
onto activated carbon takes place.
The CIL plant has a design capacity of 3,800 tonnes of milled ore
Elution of the gold from the loaded carbon and electro winning
is done on site.
Gold is deposited onto wire wool cathodes, the loaded cathodes
are acid-digested and the resultant gold solids are smelted
to produce gold bullion of approximately 90% purity, prior
to Blanket exporting it directly to Rand Refinery in South Africa
for final refining and sale.
The full proceeds of sale (i.e. before payment of any royalty)
are paid to Blanket's foreign currency account with a commercial
bank within approximately 7 days of receipt of the gold by Rand
Refineries. http://www.caledoniamining.com/blanket3test2.php http://investorshub.advfn.com/boards/replies.aspx?msg=59249631